Healthcare Finance: An Introduction to Accounting & Financial Management, Sixth Edition
- 14h 52m
- Kristin L. Reiter, Louis C. Gapenski
- Health Administration Press
- 2016
The essential concepts of both accounting and financial management are covered in this best-selling healthcare finance book. Through clear explanations, numerous examples, and realistic practice problems, it arms future managers with the grounding they need to make financially sound decisions for their healthcare organizations.
This thoroughly updated edition provides more emphasis on the unique marketplace for healthcare services and additional examples from nonhospital settings, including medical practices, clinics, home health agencies, nursing homes, and managed care organizations.
Particular content changes include:
- Expanded discussion of health insurance, reimbursement methodologies, and the impact of healthcare reform on provider behavior
- A new presentation of managerial accounting material that follows a more logical progression of concepts, emphasizing the level of analysis (organization, department, service) rather than techniques
- Coverage of three service-line costing methods: cost-to-charge ratio, relative value unit, and activity-based costing. Plus, an introduction to time-driven activity-based costing, a method for costing at the patient level.
- Updated financial accounting formats that conform to the latest American Institute of Certified Public Accountants guidance
- Increased coverage of the revenue cycle
About the Authors
Louis C. Gapenski, PhD, is a professor of health services administration with a specialization in corporate and healthcare finance at the University of Florida. He is the author of 30 textbooks, which are used worldwide and include Canadian and international editions as well as translations in eight languages. He has published 40 journal articles related to corporate and healthcare finance and is active in several professional associations.
Kristin L. Reiter, PhD, is an Associate Professor in the Department of Health Policy and Management, Gillings School of Global Public Health, and a research fellow in the Cecil G. Sheps Center for Health Services Research, at the University of North Carolina at Chapel Hill. Prior to receiving a doctorate in health services organization and policy with a concentration in corporate finance, she worked in public accounting serving non-profits and clients in the insurance industry.
In this Book
-
Healthcare Finance Basics
-
Healthcare Insurance and Reimbursement Methodologies
-
The Income Statement and Statement of Changes in Equity
-
The Balance Sheet and Statement of Cash Flows
-
Organizational Costing and Profit Analysis
-
Departmental Costing and Cost Allocation
-
Service Line Costing and Pricing
-
Financial Planning and Budgeting
-
Time Value Analysis
-
Financial Risk and Required Return
-
Long-Term Debt Financing
-
Equity Financing and Securities Markets
-
Capital Structure and the Cost of Capital
-
The Basics of Capital Budgeting
-
Project Risk Analysis
-
Revenue Cycle and Current Accounts Management
-
Financial Condition Analysis
